“Piracy” Is the Result of Market Failures

Publishers of digital media, be it music, movies, or software, have long argued that it's a legal and moral problem.  The reasons, they claim, that unauthorized copies (I refuse to call them illegal or pirate) exist is because either organized criminals are stealing their "intellectual property", or people are too stupid or immoral to respect … Continue reading “Piracy” Is the Result of Market Failures

The Death of Recorded Music Sales

First, let's look at: The REAL Death Of The Music Industry   Michael DeGusta | Feb. 18, 2011, 12:13 PM In January, Bain & Company produced the following chart as part of their report on “Publishing in the Digital Age” (PDF): Image: Bain Analysis Then on Tuesday, someone posted it on Flickr. Subsequently, Peter Kafka … Continue reading The Death of Recorded Music Sales